VALG vs. UUUG

Last updated Jun 4, 2026

VALG (Leverage Shares 2X Long VALE Daily ETF) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both Leveraged Equities funds from Leverage Shares - VALG tracks the Vale S.A. (VALE) while UUUG tracks the Energy Fuels Inc. (UUUU). Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

VALG vs. UUUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long VALE Daily ETF (VALG) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VALG

• 1D: -9.01%
• 1M: 1.55%
• YTD: 35.93%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UUUG

• 1D: -15.32%
• 1M: -35.38%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VALG vs. UUUG - Yearly Performance Comparison

	2026 (YTD)
VALG Leverage Shares 2X Long VALE Daily ETF	17.01%
UUUG Leverage Shares 2X Long UUUU Daily ETF	-42.89%

Correlation

The correlation between VALG and UUUG is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.58

Return for Risk

VALG vs. UUUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long VALE Daily ETF (VALG) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VALG	UUUG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	-0.40	+1.93

Drawdowns

VALG vs. UUUG - Drawdown Comparison

The maximum VALG drawdown since its inception was -36.93%, smaller than the maximum UUUG drawdown of -75.51%. Use the drawdown chart below to compare losses from any high point for VALG and UUUG.

Drawdown Indicators

	VALG	UUUG	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-75.51%	+38.58%
Current Drawdown Current decline from peak	-21.33%	-70.56%	+49.23%
Average Drawdown Average peak-to-trough decline	-11.74%	-51.33%	+39.59%

Volatility

Volatility by Period

	VALG	UUUG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.74%	191.02%	-115.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.74%	191.02%	-115.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.74%	191.02%	-115.28%

VALG vs. UUUG - Expense Ratio Comparison

Both VALG and UUUG have an expense ratio of 0.75%.

Dividends

VALG vs. UUUG - Dividend Comparison

Neither VALG nor UUUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VALG and UUUG in my portfolio?

VALG and UUUG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VALG or UUUG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VALG or UUUG?

VALG and UUUG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, VALG or UUUG?

VALG and UUUG have nearly identical dividend yields, around 0.00%.

What is the main difference between VALG and UUUG?

VALG tracks Vale S.A. (VALE), while UUUG tracks Energy Fuels Inc. (UUUU).